New mortgage but previous repossession?

MR_M_P

I would like to buy a house, needing a mortgage obviously, i believe my credit history is good for the last few years, however I have had a house repossessed approximately 10 years ago, I don't even know exactly when, there was a shortfall, which I was informed about but never settled not contacted about again
Anything I need to do, or say, or not say ?

System

Get a copy of your credit files and see what it says on those. Ignore the score, just focus on the content. The contents are what the mortgage company will judge you on.

D_M_E

I believe that, for a mortgage shortfall, the staute of limitations means that you can be chased for 12 years from the date of the shortfall for any outstanding amount.

If this is so then applying for a mortgage could wake up someone to start chasing you for the shortfall as you still have about 2 years to go and you could end up with demands for repayment.

MR_M_P

How would I find out the date of the shortfall?

DCFC79

MR_M_P wrote: »

How would I find out the date of the shortfall?

Your credit files.


The lender in question.